The Paris Bourse is expected to open slightly lower on Monday after the first round of the presidential election, which saw far-right candidate Marine Le Pen qualify for the second round with incumbent President Emmanuel Macron. The futures contract for the star CAC 40 index fell 0.44% around thirty minutes before the opening of the … Read more
THE MAJOR EUROPEAN STOCK EXCHANGES ARE EXPECTED TO FALL by Marc Angrand PARIS (Archyde.com) – Major European stock markets are expected to fall on Monday as uncertainties over monetary policy, inflation and the conflict in Ukraine far outweigh the relative relief provided by the results of the first round of the election. presidential election in … Read more
The Tokyo Stock Exchange ended Monday down and that of Hong Kong fell more than 3% at the end of the session, investors remaining stressed by the prospect of more aggressive monetary tightening from the Fed in the United States. The Nikkei star index fell 0.61% to 26,821.52 points and the expanded Topix index dropped … Read more
by Lucas Fontaine (iDalgo) The Milwaukee Bucks moved to the Detroit Pistons. The reigning champions returned from Michigan with a very large victory (131-101), against an opponent who has nothing more to expect from his season (penultimate in the conference). With that success, the Bucks secured second place in the Eastern Conference. They are even … Read more
THE CENTRAL BANK OF RUSSIA SURPRISINGLY LOWERS ITS KEY RATE TO 17% (Archyde.com) – Russia’s Central Bank surprised markets by lowering its key interest rate on Friday outside the official schedule, a move that could continue as emergency measures taken after the invasion of Ukraine helped contain the risk to the country’s financial stability. The … Read more
A “RECESSION SHOCK” IS COMING, BOFA WARNS LONDON (Archyde.com) – The macroeconomic environment is rapidly deteriorating and could tip the U.S. economy into recession as the Federal Reserve tightens monetary policy, BofA strategy chiefs warn in their weekly note. “A worsening ‘inflation shock’, a ‘rate shock’ which is just beginning, a ‘recession shock’ which is … Read more
by Marc Angrand PARIS (Archyde.com) – The main European stock markets are expected to rise on Friday after the positive close on Wall Street and should thus reduce their losses for the week, dominated by the prospect of a rapid rise in US key rates. Futures contracts on indices suggest an increase of 0.72% for … Read more
A SpaceX Falcon 9 rocket, in which the private Ax-1 mission to the ISS is to board, on April 7, 2022 at Kennedy Space Center, Florida (NASA/Joel KOWSKY) Three businessmen and a former astronaut are due to take off Friday aboard a SpaceX rocket for the first fully private mission to the International Space Station, … Read more